interdependence

Examples of interdependence in the following topics:

• Channels for Consumer Goods

  • Marketing channels are sets of interdependent organizations involved in making a product or service available for use or consumption.
  • All of these individuals are interdependent, and could not operate successfully without the cooperation and capabilities of all the others.
  • Based on this relationship, a marketing channel can be defined as "sets of interdependent organizations involved in the process of making a product or service available for use or consumption, as well as providing a payment mechanism for the provider. " This definition implies several important characteristics of the channel.

• Oligopoly

  • An oligopoly is a market that is characterized by the interdependence of firms.
  • Cournot's recognition of the interdependence of sellers provided the foundation for a variety of approaches to explain the interdependent behavior of oligopolists.
  • There have been a variety of other models that attempted to explain the interdependent behavior in oligopolies.
  • The kinked demand model is used here to emphasize the interdependence of oligopolistic behavior rather than to explain the determination of price.
  • A "few" firms; the concept of "few" means that there are few enough sellers that they recognize their interdependence.

• Durkheim's Mechanical and Organic Solidarity

  • It comes from the interdependence that arises from specialization of work and the complementarities between people—a development that occurs in "modern" and "industrial" societies.
  • "Organic" refers to the interdependence of the component parts.
  • Thus, social solidarity is maintained in more complex societies through the interdependence of its component parts (e.g., farmers produce the food to feed the factory workers who produce the tractors that allow the farmer to produce the food).

• Modular Structure

  • Interdependence among the units is limited because the focus of many SBUs is more inward than outward and because loyalty within SBUs tends to be very strong.
  • Although modules are not generally interdependent, the modular organization is extremely flexible.
  • An organization can also fill its own corporate needs internally by creating a new modular department, which can operate interdependently with the whole.

• Differences Between Groups and Teams

  • Degree of interdependence: Team members are interdependent since they bring to bear a set of resources to produce a common outcome.

• Channels for Industrial Goods

  • A channel for industrial goods is a set of interdependent organizations in the process of making products/services available for use.

• Building a Culture of High Performance

  • There is a strong sense of both results-orientation and employee interdependence.
  • A high-performing team is best defined as a group of interdependent employees whose skills and personalities complement one another and lead to above-average operational results.

• Defining Globalization

  • The derivation of the term 'globalization' stems from the verb 'to globalize', which embodies the concept of international interdependence and influence between various social and economic systems.
  • Modern day markets are exponentially more interdependent, as both travel and communication have developed to the point of relative immediacy.

• Defining Teamwork

  • Teamwork involves a set of interdependent activities performed by individuals who collaborate toward a common goal.

• Few Sellers

  • Each firm, therefore, recognizes that it is interdependent with the other firms in the industry.
  • This interdependence is unique to the oligopoly market structure; in perfect and monopolistic competition, we assume that each firm is small enough that the rest of the market will ignore its actions.